What is the defining characteristic of capitalism? Some say profit. Others, private ownership. Still others, rapacity. Considering that capitalism may have begun as early as the 16 th century, in ...

When drastic disruptions bring new political leaders, policymakers respond with major changes. We're living in such a time, even if it's not clear how much a pandemic, rampant inflation, international ...

Policymakers shaping America's coal policy can learn something important from the 2025 economics Nobel Prize winners about creative destruction, the process by which new technologies replace older ...

American faith in its colleges and universities has undergone a sharp decline, manifested in a spectacular fashion at the national level by an apparent war between the Trump administration and ...

When drastic disruptions bring new political leaders, policymakers respond with major changes. We’re living in such a time, even if it’s not clear how much a pandemic, rampant inflation, international ...

Creative destruction has the innate ability to impact the future of your business. Of the many things that can bring about the end of a business, few can be more lethal than stagnation — not changing ...

STOCKHOLM -- Three researchers who probed the process of business innovation won the Nobel memorial prize in economics Monday for explaining how new products and inventions promote economic growth and ...

When drastic disruptions bring new political leaders, policymakers respond with major changes. We’re living in such a time, even if it’s not clear how much a pandemic, rampant inflation, international ...

Newt Gingrich's attack on Mitt Romney's role as a businessman is understandable but strange coming from a fellow Republican. All the Republicans vie to lead the country make to prosperity by the ...